Tuesday, February 19, 2013

Online Sales Tax May Become Part of Tax "Reform"

Don't trust tax "reform" for one minute. It is about increasing the tax take.

The Hill reports:

[...]advocates acknowledge that tax reform could give them the chance to tack their proposal onto a larger legislative package — and that they’d jump at that offer, if given the choice.
Given the partisan differences on Capitol Hill, lawmakers backing the bill say that attaching the online sales tax bill to a broader measure may be the proposal’s best shot anyway.
Though some think that even if tax "reform" gets bog down, an online sales tax stand-alone bill might make it through Congress.

The Hill again:

Other backers of the online sales tax measure remain confident that their issue won't have to be bogged down in the tax reform debate. 
At Thursday’s news conference, Durbin emphasized the bill's bipartisan support, which includes backing from Senate Majority Leader Harry Reid (D-Nev.).
“Senator Durbin expressed confidence that we will get it passed this year and indicated that Sen. Reid was committed to getting it done as well,” said Jason Brewer, vice president for communications and advocacy at the Retail Industry Leaders Association.
“Coupled with the fact that the bill already has broad bipartisan support, we feel very strong about movement in the Senate,” he said.


Under current law, states can only collect sales taxes from retailers that have a physical presence in their state. People who order items online from another state are supposed to declare the purchases on their tax forms, but few do.

Prominent GOP governors — Chris Christie of New Jersey, Rick Snyder of Michigan and Bob McDonnell of Virginia, among others —have lobbied to give states more authority to collect online sales taxes, reports The Hill.

5 comments:

  1. Miguel D'AnconiaFebruary 19, 2013 at 1:16 PM

    It's almost 100% certain that the republicans will sell out on this one. I love how they'll bleed more money from people's pockets (especially the middle to lower classes) and then act surprised when the economy slows down.

    ReplyDelete
  2. In the end online retailers will respond to the changing tax climate to continue to attract customers away from brick and mortar. Amazon is already preparing for this by creating a network for 12hour delivery. Why go to the store when you can order something online at work and have it on your front porch when you get home?

    ReplyDelete
  3. Simple solution...THROW THEM ALL THE HELL OUT...EACH TIME...EVERY TIME...NO REPEAT OFFENDERS ALLOWED...EVER!!!!!!!!!!!!!!

    ReplyDelete
  4. What many business owners need to know is modern technology freely available eliminates the burdens clung to since 1992.

    Internet savvy shoppers and merchants all agree that API protocol technologies taking into account dozens of variables easily provides real time shipping at checkout processes to over 40,000 different zip codes. Real time shipping has been a win win for merchants, shippers and consumers keeping pricing fair and competitive ultimately creating new markets and opportunities.

    Today the very same API technologies freely and seamlessly provide automated tax processing for any merchant to a mere 10,000 tax jurisdictions. Free automated tax processing is actually a win win for consumers, merchants and local governments keeping pricing fair and competitive ultimately creating new markets and opportunities.

    Basic economics teaches us competition benefits consumers providing a strong supply of goods and services lowering demand and prices. I personally find it interesting that opponents of this legislation already using API technologies to deal with complexities of shipping (for some time now) all of a sudden find it too burdensome when it know challenges their only real market advantage; false tax free pricing. It is clear to me, a small business owner benefitting from automated tax processing, that a few well funded influential companies are frightened of new efficiencies, opportunities and competitiveness.

    The MFA simply grants States' rights to collect existing sales/use tax already due in 45 states. The MFA encourages equal application of tax policy providing small businesses with free software, simplified tax policy standards, and a fair and competitive marketplace. Consumers benefit from lower pricing, and tax jurisdictions efficiently receive their honorable sales/use taxes already due. That's a trifecta in my book.

    ReplyDelete
  5. What many business owners need to know is freely available modern technology eliminates the burdens clung to since 1992.

    Internet savvy shoppers and merchants all agree that API protocol technologies taking into account dozens of variables easily provides real time shipping at checkout processes to over 40,000 different zip codes. Real time shipping has been a win win for merchants, shippers and consumers keeping pricing fair and competitive ultimately creating new markets and opportunities.

    Today the very same API technologies freely and seamlessly provide automated tax processing for any merchant to a mere 10,000 tax jurisdictions. Free automated tax processing is actually a win win for consumers, merchants and local governments keeping pricing fair and competitive ultimately creating new markets and opportunities.

    Basic economics teaches us competition benefits consumers providing a strong supply of goods and services lowering demand and prices. I personally find it interesting that opponents of this legislation already using API technologies to deal with complexities of shipping (for some time now) all of a sudden find it too burdensome when it know challenges their only real market advantage; false tax free pricing. It is clear to me, a small business owner benefitting from automated tax processing, that a few well funded influential companies are frightened of new efficiencies, opportunities and competitiveness.

    The MFA simply grants States' rights to collect existing sales/use tax already due in 45 states. The MFA encourages equal application of tax policy providing small businesses with free software, simplified tax policy standards, and a fair and competitive marketplace. Consumers benefit from lower pricing, and tax jurisdictions efficiently receive their honorable sales/use taxes already due ensuring a greater percentage of every tax dollar honorably remitted funds intended programs and services. That's a trifecta in my book.

    ReplyDelete